April 4, 2017 10:03 am
Tesla shares soared to a record high on Monday, reacting to better-than-projected quarterly vehicle deliveries posted a day earlier. The stocks performance bolstered the manufacturers market capitalization to $48 billion, a figure which exceeded Ford Motors value of $45 billion and ranked Tesla as the second largest vehicle producer in the United States following General […]
Read moreApril 4, 2017 7:22 am
On April 3rd the Labor Departments Occupational Safety and Health Administration (OSHA) said it had ordered Wells Fargo & Company (WFC) to rehire a former bank manager, who left the group seven years ago, and to pay back wages, compensatory damages and attorneys fees at a total amount of $5.4 million. The holding is intending […]
Read moreApril 4, 2017 6:08 am
USD/CHF R1 – 1.0019 R2 – 1.0022 R3 (Range Resistance – Sell) – 1.0025 R4 (Long Breakout) – 1.0034 R5 (Breakout Target 1) – 1.0044 R6 (Breakout Target 2) – 1.0048 S1 – 1.0013 S2 – 1.0010 S3 (Range Support – Buy) – 1.0007 S4 (Short Breakout) – 0.9998 S5 (Breakout Target 1) – 0.9988 […]
Read moreApril 3, 2017 9:27 am
According to a March 31st statement by Caterpillar Inc (CAT), its plant in Aurora, Illinois, which employs 800 people, is to be closed due to a shift in production to other factories across the United States. Caterpillars large wheel loaders and compactors are expected to be transitioned to a facility in Decatur, Illinois, while its […]
Read moreApril 3, 2017 7:35 am
According to an April 1st statement by Ford Motor Company (F), 52 600 F-250 pickups, sold in Canada and the United States, are to be recalled, as the vehicles may roll once the automatic transmission lever is moved into park position. No injuries or accidents related to the issue have so far been reported. This […]
Read moreApril 3, 2017 5:56 am
Silver (SI) for May delivery (1 Troy Ounce) R1 – $18.277 R2 – $18.298 R3 (Range Resistance – Sell) – $18.319 R4 (Long Breakout) – $18.383 R5 (Breakout Target 1) – $18.456 R6 (Breakout Target 2) – $18.488 S1 – $18.235 S2 – $18.214 S3 (Range Support – Buy) – $18.193 S4 (Short Breakout) – […]
Read moreMarch 31, 2017 9:47 am
According to a March 30th letter to employees by Starbucks Corporation (SBUX), the retailer intends to open a mobile order and pay store during the upcoming week in its headquarters building in Seattle in an attempt to improve services to its convenience-oriented client base. Mobile orders from the building are to be routed to the […]
Read moreMarch 31, 2017 8:10 am
According to Jefferies, Anthem Inc (ANTM) may pull back from a portion of its Obamacare individual insurance markets in 2018. The announcement came almost a week after Republicans pulled legislation to review US health care. Health insurance companies such as Humana Inc, Aetna Inc and UnitedHealth Group Inc have already pulled out from Obamacare markets, […]
Read moreMarch 31, 2017 6:01 am
USD/CHF R1 – 1.0018 R2 – 1.0024 R3 (Range Resistance – Sell) – 1.0030 R4 (Long Breakout) – 1.0049 R5 (Breakout Target 1) – 1.0070 R6 (Breakout Target 2) – 1.0079 S1 – 1.0006 S2 – 1.0000 S3 (Range Support – Buy) – 0.9994 S4 (Short Breakout) – 0.9975 S5 (Breakout Target 1) – 0.9954 […]
Read moreMarch 30, 2017 9:31 am
According to a March 29th memo to employees, Merrill Lynch, Bank of Americas wealth management unit, reduced the number of its national business divisions from 10 to 6 and introduced changes to its team of executives. The number of financial advisers at the company, on the other hand, is not expected to be reduced. Bank […]
Read more
